Jamie Vardy has been linked with a big-money move to ArsenalGetty Images

Jamie Vardy's proposed move to Arsenal could have hit a last-minute snag. The 29-year-old forward is poised to join the Gunners in a £20m ($29m) move, but if a deal cannot be concluded before Monday (6 June), Arsene Wenger may have to wait until after the European Championships to get his man.

Vardy is free to speak with Arsenal after the north London club triggered his release clause. But the two parties are still locked in discussions over a potential move for the player, which could see him double his salary.

However, if Arsenal fail to strike a deal before the end of the weekend, they risk losing him to a rival club, a Press Association report has suggested. That's because Vardy will be tied up with England until the end of their participation at Euro 2016.

In the meantime, other clubs interested in Vardy's attacking talents, which is said to include Liverpool, could make a last-ditch effort to snatch him from Arsenal's clutches. That being the case, Arsenal's top brass are likely to stretch every muscle to conclude a deal as soon as possible.